Australia's AirTrunk to invest $30 billion in India
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According to her, India's advantage may not necessarily lie in creating foundational AI models from scratch, but in developing innovative applications that leverage the capabilities of models already built by major technology firms.
Shares of Super Micro Computer (NASDAQ:SMCI | SMCI Price Prediction) and Gorilla Technology Group (NASDAQ:GRRR) are both selling off hard in midday trading on Wednesday, June 3. SMCI stock is down 9% to $45.
India’s IT sector fueled consumption growth, but AI is reducing mass hiring now, revealing a shortage of quality jobs, risking future economic momentum.
Indian industrial companies are experiencing significant growth by supplying components for data centers. These firms are crucial for building and powering the infrastructure needed for artificial intelligence.
India’s data centre sector enters a new phase as AI, cloud demand and hyperscaler investments fuel a $100 billion boom.
AI Data Cloud firm says India is one of its fastest-growing markets globally as enterprises accelerate AI adoption, migrate legacy data systems and experiment with agentic AI at scale.
India’s largest streaming platform, JioHotstar, is recruiting for more than 75 AI roles as the platform moves to build out a dedicated artificial intelligence division, the company revealed Wednesday.
India hopes to build an AI model for the Global South, but a late start and dependence on foreign AI infrastructure are testing that vision.
India climbs to 5th spot in global digital economy rankings, 4th in AI performance: SIDE 2026 report
India has emerged as the world’s fifth most digitalised economy and ranked fourth globally in artificial intelligence (AI) performance, according to the State of India’s Digital Economy (SIDE) 2026 report released on Friday by the ICRIER-Prosus Centre for Internet and Digital Economy (IPCIDE).
The Indian equity market is losing favour with global investors, as its domestic consumption story weakens and the country lags in AI.
India is currently sidelined from the global AI investment boom due to its lack of semiconductor manufacturing. While the Indian IT sector has corrected, market veteran Punita Kumar Sinha believes value is emerging,